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Business of Law

  • August 9, 2012

    Mass. High Court Guards Privacy Of Judges' Deliberations

    The Massachusetts Supreme Judicial Court ruled Thursday that the state’s judges do not have to reveal the deliberations behind their decisions because judicial deliberative privilege protects them from such scrutiny.

  • August 9, 2012

    Calif. Measure Backs Illegal Immigrant's Bid To Become Atty

    As the California Supreme Court considers if an illegal immigrant is able to be admitted to the state bar as a licensed attorney, state lawmakers on Tuesday introduced legislation that would bar immigration status from being a factor in determining whether to approve a license to practice law.

  • August 9, 2012

    Dewey Sweetens $90.4M Retiree Settlement Pitch

    In an effort to obtain former partners' approval for a proposed $90.4 million settlement deal that would shield partners from potential clawback litigation, bankrupt Dewey & LeBoeuf LLP sweetened the deal Thursday, following a move by the firm's retirees to get an independent trustee appointed.

  • August 8, 2012

    Greenberg's Rare Capital Call Unlikely To Spawn Copycats

    Greenberg Traurig LLP's recent announcement that it planned to raise funds from its partners in a capital call was a rare move for the firm and one that isn't likely to be repeated at other firms looking to ward off economic uncertainties, experts said Wednesday.

  • August 8, 2012

    Senate Again Sends DC Circ. Pick Back To White House

    The U.S. Senate once again returned the D.C. Circuit judicial nomination of Caitlin Halligan, the former head of Weil Gotshal & Manges LLP's appellate practice group, to the White House on Tuesday as the Senate went into recess.

  • August 8, 2012

    ABA Amends Disclosure Of Client Information Rules

    For the first time, lawyers will be allowed to disclose client information when they move from one firm to another in an attempt to limit perceptions of conflicts of interest, according to new model rules adopted by the American Bar Association's policy-making body Monday.

  • August 8, 2012

    Study Defends SEC Revolving Door, But Attys Aren't Convinced

    A recent study suggests that the tendency for lawyers to bounce between the U.S. Securities and Exchange Commission and the private sector doesn't lead to lax enforcement, but some former agency attorneys were skeptical about the conclusion and questioned whether the true impact of the SEC's proverbial revolving door can even be measured.

  • August 7, 2012

    ABA Adopts Outsourcing Rules, Delays Fee-Splitting Measure

    The American Bar Association's policy-making body adopted rule changes Monday meant to clarify lawyers' ethical responsibilities when outsourcing work, but delayed taking action on a measure that would have reaffirmed the ABA's stance against lawyers splitting fees or transferring law firm ownership to nonlawyers.

  • August 7, 2012

    Greenberg Seeks $24M From Partners In Capital Call

    Greenberg Traurig LLP confirmed on Tuesday that it is raising capital from partners for the first time in more than 10 years, asking for “a modest amount” from its shareholders that news reports pegged at $24 million.

  • August 7, 2012

    Data Show Whites Unevenly Compile Texas County's Jury Pools

    Harris County, Texas, jury pools consistently comprise a disproportionate number of white citizens when compared to community demographics because of low turnout by racial minorities, according to data released by the district clerk’s office Tuesday.

  • August 7, 2012

    Hogan Lovells Signs 40,000-SF Lease In Downtown Miami

    Law firm Hogan Lovells has inked an agreement to take over about 40,000 square feet of office space in the heart of downtown Miami's financial district, the firm and building developer Foram Group Inc. announced Tuesday.

  • August 7, 2012

    Thelen Trustee Strikes Latest Clawback Deal With Ex-Partner

    A New York bankruptcy judge on Tuesday signed off on the latest settlement between Thelen LLP's Chapter 7 trustee and a former partner, resolving claims surrounding the attorney's compensation in the years the firm was nearing its end.

  • August 7, 2012

    Rx.com Says Haynes And Boone Is Ducking Upcoming Trial

    Rx.com Inc. on Monday accused its former counsel Haynes and Boone LLP of attempting to avoid an Aug. 13 trial in a Texas Supreme Court case alleging the law firm missed a deadline to file antitrust claims in a suit the company wanted to bring against pharmacy benefit managers.

  • August 6, 2012

    9th Circ. Won't Cancel Hawaiian Conference

    The Ninth Circuit on Friday admitted it probably should have chosen a different site for its annual conference in Maui, Hawaii, later this month, but refused to call off the event, citing hefty cancellation fees.

  • August 6, 2012

    Deadline For $90M Dewey Clawback Deal Extended

    The Dewey & LeBoeuf LLP trustee on Monday extended the deadline for partners to agree to a proposed $90.4 million settlement that would resolve potential clawback litigation, as the details of the deal continue to be debated.

  • August 6, 2012

    ABA Panel Toughens Job Data Reporting Rules For Law Schools

    The American Bar Association's policymaking body approved new rules Monday requiring law schools to publish more detailed graduate employment data online and leaving them subject to fines and tuition refunds if they provide consumer information that is misleading.

  • August 6, 2012

    Indicted Atty Used Bribes, Threats To Sign Clients, Suit Says

    A pair of Mexican nationals on Thursday launched a suit in Texas federal court claiming an attorney at the center of a criminal corruption probe offered bribes and threatened violence in a bid to sign them as clients in a wrongful death case.

  • August 3, 2012

    ABA Votes No On Accrediting Foreign Law Schools

    A council of the American Bar Association voted against expanding its law school accreditation program to foreign law schools on Friday, shutting down an issue it has been mulling since 2010.

  • August 3, 2012

    Senate GOP Tries To Block DC Circ. Nominee For 2nd Time

    U.S. Senate Republicans on Thursday attempted to once again block a judicial nominee to the D.C. Circuit, leaving former Weil Gotshal & Manges LLP appellate practice group head Caitlin Halligan in procedural limbo as the Senate seeks to head into recess.

  • August 3, 2012

    Associate Pay Should Hold Steady Despite Scattered Raises

    Though some firms have increased their first-year associate salaries in recent months, experts predicted Friday that market uncertainty and the ongoing fierce competition among new lawyers for positions will keep major firms from jumping to dramatically increase compensation levels.